Question 7 (10 marks) You are a Junior Credit Officer at Bankem All Ltd a commercial bank. Singo Ltd, a small business, has applied to your bank for a loan of $51,000,000 to carry out long-term expansion. The company's assets according to its balance sheet are as follow: Inventory $25,000,000 Debtors $10,000,000 Motor vehicles (cars and trucks fairly new) $40,000,0000 Machinery $25,000,000 Real estate (land with general purpose office building) $100,000,000 Mortgage on real estate $30,000,000. Bankem, like all area banks, have a standard loan-to-value ratio (LVR) of 65% across all asset classes. You have been asked to set out, in the manner that best secure the bank, the collateral security section of the loan proposal that you are recommending and state legal document and whether this is primary or supporting, that you will use to charge each asset. Use the following format. Asset Name Value Value to be charged Legal document used to secure charge Primary/secondary